Time Clock, Aug. 26, 1957

SHIPPING BUSINESS is sinking close to lowest ebb since World War II, and
transocean charter rates are down about 50% from peak of Suez crisis.
Should recession continue, it will run older, smaller ships off main
sea routes. Some ships are already being laid up, but most operators
hope to ride out temporary storm, are still placing orders for new
ships.

JAPANESE CARS will soon make bid for share of U.S. market. Japan's
Toyota automobile company in September will send over models of its
four-door, 55-h.p. "Toyopet Crown de Luxe," which gets up to 69 m.p.h.
from four-cylinder engine. Car sells for...